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Magellan Financial Group Updates Director’s Interest in Vinva Fund

Story Highlights
  • Magellan Financial Group Ltd focuses on asset management with global and Australian investment products.
  • John Eales’ holdings in Vinva Fund disclosed as Magellan Asset Management takes responsibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

The latest announcement is out from Magellan Financial Group Ltd ( (AU:MFG) ).

Magellan Financial Group Ltd has announced a change in the director’s interest notice concerning John Eales. As of April 17, 2025, Magellan Asset Management Limited, a wholly owned subsidiary of Magellan Financial Group, became the responsible entity for the Vinva Global Alpha Extension Fund. This change reflects the disclosure of John Eales’ holdings in Class A Units of the fund, impacting the company’s management of its investment products.

More about Magellan Financial Group Ltd

Magellan Financial Group Ltd is a prominent entity in the financial services industry, primarily focusing on asset management. The company offers a range of investment products, including global equity funds and Australian share funds, catering to both individual and institutional investors.

YTD Price Performance: -33.86%

Average Trading Volume: 551

Technical Sentiment Signal: Strong Buy

Current Market Cap: €744.5M

See more insights into MFG stock on TipRanks’ Stock Analysis page.

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